Alturas confirms strong gold and silver bedrock anomalies at its Ccaccapaqui epithermal project, southern Peru



    TSXV:ALT

    TORONTO, June 18 /CNW/ - Alturas Minerals Corp. (the "Company") (TSX-V:
ALT) is pleased to announce positive results from recent geochemical sampling
of its Ccaccapaqui gold-silver project in southern Peru. Strong bedrock gold
and silver values are reported from massive and banded siliceous alteration,
and alunite-silica breccias, within favourable volcanic stratigraphy and
regional-scale structures. Systematic rock sampling (219 samples) of the
favourable outcropping alteration yielded peak values up to 3.2 grams/tonne
gold and 194 grams/tonne silver.
    Sampling at Ccaccapaqui has returned very encouraging gold and silver
results within the upper levels of a high-sulfidation epithermal system. From
the 219 samples taken, 64 reported values higher than 0.1 g/t gold, of which
24 assayed higher than 0.5 g/t gold and 8 samples returned values between 1.0
and 3.2 g/t gold. Some 43 samples reported anomalous silver values between
1 g/t and 194 g/t silver. The mineralized silica and alunite alteration
outcrops in small erosional windows but marks a coherent anomaly of +1.50 x
0.50 kilometers in dimension. The system is still open at both ends, passing
under younger cover and re-emerging in the northwest, extending the size
potential to more than 2.50 kilometers of strike length.
    Miguel Cardozo, President of Alturas commented, "We have confirmed the
existence of wholesale silicification of tuffaceous volcanic rocks at
Ccaccapaqui, a key ingredient in the development of large bulk-mineable, low
grade, gold-silver deposits of the high-sulfidation epithermal style. In
addition, there is potential for finding mechanically transported gold in the
extensive glacial moraine deposits that flank the valleys, akin to the
Yanacocha district of northern Peru. Alturas has prioritized its 100% owned
Ccaccapaqui project and will aggressively advance the surface exploration
program this year to the stage of defining drill targets."
    The 600 hectare Ccaccapaqui project is located 460 kilometers southeast
of Lima in the department of Ayacucho, within the same volcanic belt that
hosts major high- and low-sulfidation epithermal gold-silver deposits such as
Orcapampa, Arcata, Ares, Antapite and Poracota. Buenaventura-Newmont's
0.5 million ounce Brea Pampa high sulfidation gold deposit lies only
25 kilometers to the southeast of the Ccaccapaqui project.
    For a map showing results, refer to the CNW website
http://files.newswire.ca/729/Ccaccapaqui_map.png

    About Alturas Minerals Corp.

    Alturas is a Canadian corporation, and is the parent of Alturas Minerals
S.A. ("Alturas Peru"). Alturas Peru has been actively exploring various
mineral projects in Peru since January 2004. The principal assets of Alturas
are four mineral exploration projects located in southern Peru, being the
Huilacollo Gold Project, the Banos del Indio Gold Project, the Utupara
Copper-Gold Project and the Huajoto Gold-Silver-Zinc Project. In addition,
Alturas Peru has interests in eight other exploration projects in Peru.
Alturas' exploration strategy is focused on the discovery of large epithermal
gold mineralized deposits and copper-gold porphyry/skarn deposits. For further
information, please visit the Company's website at www.alturasminerals.com
    As required by the National Instrument 43-101, Alturas's designated
Qualified Person for the supervision of exploration of the projects is Dr.
Paul Pearson, F. AUSIMM, Vice President-Exploration of the Company, who has
verified the technical information reported in this News Release.

    Should you wish to receive Company news via email, please email
contact@alturasminerals.com and specify "Alturas News" in the subject line

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

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    Cautionary Language and Forward Looking Statements
    --------------------------------------------------
    This press release may contain "forward-looking statements", which are
    subject to various risks and uncertainties that could cause actual
    results and future events to differ materially from those expressed or
    implied by such statements. Investors are cautioned that such statements
    are not guarantees of future performance and results. Risks and
    uncertainties about the Company's business are more fully discussed in
    the Company's disclosure documents filed from time to time with the
    Canadian securities authorities

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For further information:

For further information: Miguel Cardozo, President & Chief Executive
Officer, Alturas Minerals Corp., Suite 820, 330 Bay Street, Toronto, Ontario,
M5H 2S8, Phone: (416) 366-5555 (Toronto), +51-1-475-1700 (Peru), Email:
mcardozo@alturasminerals.com

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ALTURAS MINERALS CORP.

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